Published on: July 01, 2022
Why in News?
The Union Cabinet approves categorizing the Coalition for Disaster Resilient Infrastructure (CDRI) as an "International Organization".
It also approved the signing of the Headquarters Agreement further granting it the exemptions, immunities, and privileges contemplated by the United Nations (Privileges and Immunities) Act, 1947, which means that member's property and assets wherever located and by whomsoever held, shall enjoy immunity from every form of legal process except in any particular case it has expressly waived its immunity.
What is its Significance of the Categorisation?
It would help in delegating experts to other countries that are particularly vulnerable to disaster risk and/or require assistance with post-disaster recovery, as well as bringing experts from member countries to India for similar purposes.
It will make technical expertise available to assist countries in developing resilient infrastructure in accordance with their disaster and climate risks and resources;
It will provide assistance to countries in developing appropriate risk governance arrangements and resilient infrastructure strategies.
Enhanced Funding and Cooperation:
It will help in deploying funds globally and receiving contributions from member countries for CDRI activities.
It will provide all possible assistance to member countries in upgrading their systems to ensure disaster and climate resilience of existing and future infrastructure, in accordance with the Sustainable Development Goals (SDGs), the Paris Climate Agreement, and the Sendai Framework for Disaster Risk Reduction.
It will use international engagement to foster disaster-resilient infrastructure at home and providing an opportunity for Indian scientific and technical institutions as well as infrastructure developers to interact with global experts.
What is Coalition for Disaster Resilient Infrastructure (CDRI)?
CDRI is a global partnership of national governments, United Nations agencies and programmes, multilateral development banks and financing mechanisms, the private sector, and academic and research institutions.
It aims to increase the resilience of infrastructure systems to climate and disaster risks, thereby ensuring sustainable development.
It was launched in 2019, at the United Nations Climate Action Summit in New York.
It is the Government of India's second major global initiative after the International Solar Alliance, and it demonstrates India's leadership in climate change and disaster resilience issues.
Since its inception, 31 countries, 6 international organisations and 2 private sector organisations have joined CDRI as members.
6 International Organisations: Asian Development Bank (ADB), World Bank Group, United Nations Development Programme (UNDP), United Nations Office for Disaster Risk Reduction (UNDRR), European Union, European Investment Bank.
2 Private Sector Organisations: The Private Sector Alliance for Disaster Resilient Societies and Coalition for Climate Resilient Investment.
CDRI has steadily increased its membership by attracting a diverse range of economically advanced, developing, and vulnerable countries to climate change and disasters.